Synopsys (NASDAQ:SNPS) reported strong Q1 2026 results, with revenue at the high end and non-GAAP EPS exceeding guidance, largely driven by the Ansys acquisition. The company is optimistic about its AI-driven design capabilities and the integration of Ansys, expecting long-term double-digit growth across its EDA, IP, and simulation segments. Despite some China headwinds and a transitional year for its IP business, Synopsys reiterated its full-year revenue and cash flow guidance while raising its non-GAAP EPS outlook.
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Synopsys, Inc. (NASDAQ:SNPS) Q1 2026 Earnings Call Transcript
Synopsys (NASDAQ:SNPS) reported strong Q1 2026 results, with revenue at the high end and non-GAAP EPS exceeding guidance, largely driven by the Ansys acquisition. The company is optimistic about its AI-driven design capabilities and the integration of Ansys, expecting long-term double-digit growth across its EDA, IP, and simulation segments. Despite some China headwinds and a transitional year for its IP business, Synopsys reiterated its full-year revenue and cash flow guidance while raising its non-GAAP EPS outlook.